patrick.net

http://washingtonexaminer.com/metlife-in-the-dark-as-too-big-to-fail-label-looms/article/2552685

MetLife's fate could be decided in two days, and yet the insurer still doesn't know whether it will be declared officially too big to fail.

For more than a year, a regulatory super-group has investigated whether MetLife poses a systemic risk to the financial system if it fails, the way that insurer AIG did in the 2008 crisis.

But MetLife representative Chris Stern told the Washington Examiner that the life insurance company still doesn’t know whether the Financial Stability Oversight Council intends to label it too big to fail and subject it to extra regulation at its meeting next week.

The company could be facing higher capital standards, oversight from the Federal Reserve, and a requirement that it write its own "living will" to plan for the possibility of a bankruptcy.

FRAUD is now reality and able to produce substantial physical manifestations

TBTF Bitchez!